International Journal of Learning and Intellectual Capital (6 papers in press)
Does Voluntary Disclosures Contributed to the Intellectual Capital Efficiency?
by Amina Buallay, Allam Mohammed Hamdan, Qasem Zreqat, Esra Saleh
Abstract: This study examined the relationship between voluntary disclosures
(VD) and intellectual capital (IC) efficiency. The independent variables
constitute 12 VD self-constructed indices with total 55 disclosure items. HCE,
SCE and CEE form the components of the dependent variable which is IC
efficiency. Four control variables used for measuring the relationship between
VD and IC. A pooled data of 150 observations from Bahrain listed firms for the
period 20112015 was examined, a multiple regression model was incorporated
under random-effect method. The analysis indicates that disclosure index of
corporate information is the highest 89.3% whereas the annual report disclosure
index ranked Bahraini firms the lowest disclosure with 57.1%. The findings
revealed VD positively affect the components of IC. VD indices found to be
higher with firms big assets/older age. General corporate information/financial
indexes found higher in younger firms. It was found more VD the higher IC
Efficiency since VDI found to be significant in all models.
Keywords: Human capital efficiency (HCE); Structural capital efficiency (SCE); Capital Employed Efficiency (CEE); Voluntary Disclosure (VD); Intellectual Capital (IC); Kingdom of Bahrain.
The Effect of Organizational Culture Items on Entrepreneurial Behavior of Knowledge Workers in Iranian Knowledge-based Companies
by Anahita Ahmadi, Mehdi Abzari, Ali Nasr Isfahani, Ali Safari
Abstract: Today, developing entrepreneurial environment within the
organisation has become the basic need of many organisations. Since
organisational culture affects all organisational processes, organisations are
creating their own culture so as to facilitate entrepreneurial behaviours. This
study aims to determine the effect of organisational culture items on
entrepreneurial behaviour of knowledge workers of Iranian knowledge-based
companies, through servant leadership mediator. The statistical population
includes all knowledge workers of Iranian knowledge-based companies in
Isfahan City. Based on Krejcie-Morgan table, size of the sample (n = 165) is
determined. The research is conducted in descriptive-analytical manner and
data collection is done through questionnaire. Then, collected data is analysed
through PLS Software. The results suggest that certain aspects of organisational
culture (involvement culture, adaptability culture, consistency culture, and
mission culture) affect workers entrepreneurial behaviour significantly. In
addition, servant leadership mediates in the association between organisational
culture and entrepreneurial behaviour of knowledge workers significantly.
Keywords: Organizational culture; Servant Leadership; Knowledge worker; Entrepreneurial Behavior.
On the Relationship Between Intellectual Capital and Service SME Survival and Growth: A Dynamic Panel Data Analysis
by Filipe Sardo, Serrasqueiro Zelia
Abstract: The purpose of this paper is to analyse the relationships between intellectual capital components, i.e., human capital, structural capital and relational capital and growth of small and medium-sized enterprises (SMEs). Using data for two sub-samples of Portuguese SMEs, belonging to the service (6192 SMEs) and manufacturing (5977 SMEs) industries, this study resorts to Heckman two-step estimation method and dynamic panel data models. The findings suggest that all the components of intellectual capital, i.e., human capital, structural capital and relational capital are positively related to the service and manufacturing SME growth. Also, the inter-relationships between intellectual capital components, measured by the interaction variables human capital*structural capital, human capital*relational capital, structural capital*relational capital are positively related to SME growth. The results obtained highlight the importance of intellectual capital and the interrelationships between its components for the service and manufacturing SME survival and growth.
Keywords: Intellectual Capital; Growth; Manufacturing; Service; SMEs; Survival.
Model design for Knowledge Management and Organisational Learning for business schools
by Jenny Martinez-Crespo, Hernán López-Arellano
Abstract: This paper proposes a conceptual model for comprehending the knowledge management and organisational learning process at business schools located in Antioquia (Colombia). It is essential to understand how they create value through the PhD education of their professors. The methodology used for this research is qualitative reflexive. The document analysis was the strategy used to identify, in higher education institutions (HEIs), the current models of knowledge management and organisational learning. The theoretical-methodological starting point was the model proposed by Burrell and Morgan (1979). The authors have built a four-dimensional model that will enable researchers and deans of business schools to assess and discuss what are the knowledge management and organisational learning practices that fit into their knowledge management strategy (KMS), their value generation expectations and their long-term goals.
Keywords: Knowledge Management (KM); Organisational Learning (OL); Higher Education Institutions (HEIs); Model Design; Business Schools (BS); PhD Education.
IPO prospectus: Exploring the expectation gap on Intellectual Capital information
by Shaw Warn Too, Chee Kwong Lau, Wei Qi Kek
Abstract: This study explores the preparers and users views on the decision
usefulness of intellectual capital (IC) information in the prospectuses of firms
undergoing listing for the first time (IPO firms) in the Malaysian securities
market. In addition, the categories of IC information (i.e., external, internal and
human capital) in relation to specific industry sectors are considered.
Questionnaire survey forms were distributed to 126 respondents who
comprised preparers and users of initial public offering (IPO) prospectuses.
Both parties considered IC information as useful for decision-making and
external capital was considered the most important category of disclosure.
Preparers were willing to supply IC information in the prospectus and users
indicated that they intended to use it for decision-making. However, there was a
major mismatch in the supply and demand of IC information by category in
IPO issues in some industry sectors suggesting the existence of an information
asymmetry gap between preparers and users.
Keywords: Intellectual capital; external capital; internal capital; human capital; IPO; prospectus; Malaysia; disclosure; asymmetry gap; industry.
Intellectual Capital, Governmental Presence, and Firm Performance of Malaysian Public Listed Companies
by Qian Long Kweh, Irene Wei Kiong Ting, Cheng Zhang, Le Thi My Hanh
Abstract: This study analyses the association between intellectual capital (IC) and firm performance and the differential impact of IC on firm performance between firms with and without government ownership. Data on the top 200 companies listed on the Malaysian Stock Exchange from 2010 to 2015 are used to estimate the value added intellectual coefficient (VAIC
Keywords: Intellectual capital; Governmental presence; Firm performance; VAIC.